taxes Property Tax Assistance

2022 ISD Summary Worksheet

111-Hood/Hood County

111-903/Tolar ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 68,052,127 0.9312 73,080,033 68,052,127
B - MULTIFAMILY 2,771,520 N/A 2,771,520 2,771,520
C1 - VACANT LOTS 6,523,255 N/A 6,523,255 6,523,255
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,965,220 0.8433 7,073,572 5,965,220
D2 - FARM & RANCH IMP 6,195,690 N/A 6,195,690 6,195,690
E - NON-AG LAND AND IMPROVEMENTS 249,786,910 0.9695 257,645,085 249,786,910
F1 - COMMERCIAL REAL 14,013,210 N/A 14,013,210 14,013,210
F2 - INDUSTRIAL REAL 1,665,310 N/A 1,665,310 1,665,310
G - ALL MINERALS 7,906,660 N/A 7,906,660 7,906,660
J - ALL UTILITIES 81,578,100 0.9661 84,440,638 81,578,100
L1 - COMMERCIAL PERSONAL 4,510,340 N/A 4,510,340 4,510,340
L2 - INDUSTRIAL PERSONAL 7,247,100 N/A 7,247,100 7,247,100
M1 - MOBILE HOMES 3,711,420 N/A 3,711,420 3,711,420
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,610,370 N/A 3,610,370 3,610,370
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 463,537,232 0 480,394,203 463,537,232
Less Total Deductions 82,207,367 0 89,271,023 82,207,367
Total Taxable Value 381,329,865 0 391,123,180 381,329,865

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4 T13
391,037,941 381,329,865 391,037,941 381,329,865 398,977,941


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
9,708,076 0 7,940,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
391,037,941 381,329,865 391,037,941 381,329,865 398,977,941

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated homestead exemption and the tax
ceiling reduction


T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

111-903-02/Tolar ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 68,052,127 0.9312 73,080,033 68,052,127
B - MULTIFAMILY 2,771,520 N/A 2,771,520 2,771,520
C1 - VACANT LOTS 6,523,255 N/A 6,523,255 6,523,255
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,965,220 0.8433 7,073,572 5,965,220
D2 - FARM & RANCH IMP 6,195,690 N/A 6,195,690 6,195,690
E - NON-AG LAND AND IMPROVEMENTS 249,786,910 0.9695 257,645,085 249,786,910
F1 - COMMERCIAL REAL 14,013,210 N/A 14,013,210 14,013,210
F2 - INDUSTRIAL REAL 1,665,310 N/A 1,665,310 1,665,310
G - ALL MINERALS 7,906,660 N/A 7,906,660 7,906,660
J - ALL UTILITIES 81,578,100 0.9661 84,440,638 81,578,100
L1 - COMMERCIAL PERSONAL 4,510,340 N/A 4,510,340 4,510,340
L2 - INDUSTRIAL PERSONAL 7,247,100 N/A 7,247,100 7,247,100
M1 - MOBILE HOMES 3,711,420 N/A 3,711,420 3,711,420
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,610,370 N/A 3,610,370 3,610,370
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 463,537,232 480,394,203 463,537,232
Less Total Deductions 82,207,367 89,271,023 82,207,367
Total Taxable Value 381,329,865 391,123,180 381,329,865

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4 T13
391,037,941 381,329,865 391,037,941 381,329,865 398,977,941


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
9,708,076 0 7,940,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction


T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
391,037,941 381,329,865 391,037,941 381,329,865 398,977,941

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

T14 = T13 plus the loss to the chapter 313 agreement